Helping you make informed investment decisions
Take advantage of MD’s online investor resources to learn about everything from current economic trends to different investment approaches. Our instructive webinars, helpful videos, educational articles and podcasts help physicians make informed financial decisions.
Medical Students and Residents
Access a recorded copy of our webinar at your convenience—to catch up on what you missed, review if you would like to watch again, or share with someone you think might be interested in learning more.
The RRSP and TFSA Balancing Act
Physicians have unique situations to consider when determining whether to invest in a registered retirement savings plan or a tax-free savings account. Quite often, it makes sense to balance contributions to both types of accounts to meet different financial goals.
MD Financial Management’s webinar explains the benefits of both and how to know which choice is right for you.
Alternative Investments: What They Mean For You
Alternative investments have different characteristics than investments in traditional asset classes. When implemented as part of a properly diversified portfolio, they can play an important role in a physician’s investment strategy. Alternative investments can:
• increase diversification
• enhance portfolio risk-adjusted returns
• level out portfolio performance over time
• improve portfolio efficiency
Discover how MD can help you make alternative investments part of your total wealth management strategy.
Key Financial Strategies and Solutions For Physicians
With so much information available on managing your finances and investments, it can be a challenge to cut through the clutter and get to what is truly relevant to you as a physician. For over 40 years, MD has worked solely for physicians and their families.
Discover some of the key wealth management strategies that focus on your unique circumstance as a physician.
April 19, 2016
Financial planning involves more than just your investments—it is about your “big picture” financial situation.
April 15, 2016
As a medical student or resident, being aware of the tax benefits that you may qualify for can help minimize the taxes you pay.
April 12, 2016
Changes are coming to the rules governing life insurance policies in Canada—and they may affect you.
April 8, 2016
Geographic diversification is an important portfolio building tool that can help investors improve returns and manage risks.
March 30, 2016
While the oil industry has historically been one of booms and busts, and oil was already experiencing a steady decline last year, very few expected it to drop below $30 a barrel—levels not seen since the early 2000s—at the start of the year.
March 16, 2016
Research conducted by the Canadian Securities Administrators shows that 27% of Canadians believe they have been approached with a fraudulent investment opportunity at some point in their lives.
March 14, 2016
As a physician, one of the most significant expenses you will incur during your career is tax—specifically, federal and provincial income taxes. As such, it makes sense to minimize your taxes payable and maximize your financial position.
March 1, 2016
If you’re in the market for a home, keep in mind that a new down payment rule is now in effect.
February 19, 2016
In a world where technology is a dominant feature of life, estate planning no longer entails simply leaving a key to a safety deposit box. Along with accumulating tangible belongings, most people have come to have many “digital assets”—from social media accounts and virtual collections of books and music, to financial assets that are managed online.
February 10, 2016
Advisor-client relationships are much like physician-patient relationships: you can get better outcomes if you have a good rapport.
January 25, 2016
Looking back on the fourth quarter of 2015, the dominant issue, in Canada at least, was the federal election and the installation of a new Liberal government.
January 7, 2016
If you’re a retiree, you can now withdraw less from a Registered Retirement Income Fund (RRIF) and defer tax on more of your retirement savings, thanks to a reduction to the minimum amount that must be withdrawn from a RRIF for annuitants aged 71 to 94.
December 22, 2015
As a physician starting your career, you may have insurance needs that are higher than those of other Canadians your age.
December 16, 2015
It’s the most wonderful time of the year for retailers—and for online scammers. While you’re busy scouring the internet for the best holiday deals, fraudsters are ready to take advantage of your festive mood. Here are some common holiday scams to watch out for.
December 9, 2015
When it comes to investing, physicians have unique needs beyond those of the average investor. With a high level of student debt and delayed entry into the workforce, many may feel the need to “catch up” financially. Here are five questions to think about. They will help you plan for success and avoid common investing mistakes.
December 4, 2015
Most medical students expect to incur debt by the end of their education. Depending on the amount of money owed, the debt can be a source of stress and may influence your career choices.
December 01, 2015
As December 31 approaches, the following tax tips may help reduce your 2015 personal income taxes.
November 30, 2015
For a physician new in practice, like you, paying down debt versus investing is an important consideration when deciding whether to invest in a registered retirement savings plan (RRSP) or tax-free savings account (TFSA).
November 19, 2015
Physicians like you have attained a high level of education and know the high cost of an extended education. As you develop your medical career, you may start thinking that your children could pursue medical or other extended education, as well, in the future.
November 19, 2015
As a physician, you face unique financial challenges, from making the important decision on whether to pay down medical school debt or invest, to planning for your children’s future.
November 13, 2015
As you’re establishing your career, you may not have a lot of money to invest. You may also be facing a large student debt. The one advantage you have is time.
October 26, 2015
A new federal government will shortly take the reins, which could eventually mean some changes to Canada’s taxation laws - changes that could have an impact on the finances of Canadian physicians.
October 19, 2015
Worried about recent stock market volatility? Some investors might feel unsettled by media headlines screaming that the sky is falling. But it’s important to remember that volatility is an inevitable part of participating in the financial markets.
October 14, 2015
Medical school can be expensive for many students, so it’s wise to manage your expenses and cut costs where you can, including travelling costs.
October 12, 2015
Is there any value in developing a financial strategy if you have very little money or if you’re in debt from medical school? The answer is yes.
October 2, 2015
If you’re a retiree, avoiding the cold weather while maintaining your Canadian ties is an appealing prospect, provided you’re aware of the potential tax and financial implications of spending winters in the United States.
September 24, 2015
What is unique about a female physician? From a professional or intellectual perspective, nothing. But from a financial perspective, there are some differences to consider when it comes to long-term planning.
September 8, 2015
It is official, according to the media: Canada is in “technical” recession. But the qualifier is telling and raises the question of whether the economic picture is, in reality, as negative as the term recession implies.
September 3, 2015
Judging from the headlines these days about rising housing prices, it’s tempting to think of real estate as a no-fail investment.
August 24, 2015
The latest bout of stock market declines has prompted unease and uncertainty among some investors in the markets.
August 21, 2015
A post-secondary education is an important asset for participating in a modern economy, but getting one can be expensive.
August 12, 2015
In a move that surprised the world’s financial markets on August 12, China devalued its currency for a second day running.
July 27, 2015
On July 27, the Shanghai Composite Index tumbled 8.5%, the largest drop in a day since 2007.
July 24, 2015
When you transition into medical practice, there are a number of financial planning issues to manage – like a brief gap in income and making your income tax payments.
July 9, 2015
Embarking on a career in medicine is both exciting and rewarding. It can also leave you with a high level of debt if you’re not careful with managing your expenses and borrowing costs.
July 6, 2015
Greece Votes “No” But Uncertainty Continues
July 2, 2015
The Pros and Cons of Owning Rental Property
June 29, 2015
On June 28, debt negotiations between Greece and its creditors broke down.
June 18, 2015
The world economy has scored what amounts to a B-minus in a report by the major international group, the Organisation for Economic Co-operation and Development (OECD). But what grade should Canada get?
June 9, 2015
Healthcare Companies Show Signs of Extending Bull Run
June 2, 2015
As part of the federal budget announcement this past April, one change that made headlines for investors was the proposal to increase the annual contribution limit for Tax-Free Savings Accounts (TFSAs).
May 15, 2015
A surprise election result in Canada’s oil-rich province has prompted some unease in the markets. MD provides insight on possible scenarios for the energy sector–and on its active fund management strategies in the wake of recent developments.
April 24, 2015
Why is everyone worried about the prospect of rising interest rates? How bad could it be, and what impact will it have?
April 24, 2015
Our Canadian loonie enjoyed relative parity with its American counterpart between early 2010 and early 2013, which was great for cross-border shoppers and snowbirds but detrimental to Canadian exporters.
April 24, 2015
Oil prices have recently stabilized, following their rapid decline in late 2014, but volatility in this market will likely continue in the short term.
April 24, 2015
If you are relocating this year, whether for medical school or residency, keep in mind that you can deduct a number of moving expenses on your 2015 tax return.
Does this sound familiar? "My portfolio hasn't gained any ground over the last decade—I'm just not sure it makes sense continuing to stay invested, or whether it's time to try a new strategy." Perhaps you've heard people saying things like this in the media, or through your social circle—or maybe you've even had these thoughts yourself.
When you are making investment decisions, are you confident that your choices are always rational—or have you ever considered that there could be some other factors at work?
Financially secure despite a costly mistake
Dr. E., 56., lost money on tech stocks, but avoided a bigger financial mistake by listening to his MD Advisor.
Will med school debt derail this student’s goals?
“David,” 24, is borrowing a lot of money for medical school. But a solid plan provides peace of mind.
When is the right time to retire?
Dr. C, a 62-year-old family physician, the answer may be: not yet.
Can a young physician start a family and avoid debt?
Dr. B, a 29-year-old family physician in Quebec, worries about balancing maternity leave with her financial goals.
Is incorporation the right choice?
Dr. A, a 37-year-old family physician in Toronto, wonders whether incorporation is a worthwhile strategy.
Five Ways to Lower Your Medical School Debt
While you can’t control costs such as tuition fees, you could reduce your debt load with these smart strategies for budgeting and borrowing.
Myths and Realities of Switching
There are many myths about switching financial institutions.
A physician’s financial life journey
As you move through life, your needs change. So do your financial goals. Learn more.
Switching to MD is Easy
Think you’re too busy to move your investments? When you switch to MD, we take care of the details so the process is seamless and hassle-free. Learn more.
Saving Is Easy With a Tax-Free Savings Account (TFSA)
What’s the benefit of a TFSA? Helps you save money that grows tax-free, for short- and long-term goals. Learn more.